4 Ways Home Automation Can Help You Save Money

Posted on: 21 April 2018

These days, technology makes it possible to automate just about every imaginable aspect of your home. From doors and locks to smart switches, thermostats, and everything in between--if you can dream it, you can likely automate it. And while installing/implementing home automation will cost you some money up-front, there are many ways in which these convenient technologies can actually save you money in the long run.

1. Cut Back on Your Electricity Usage 

One of the most significant ways in which home automation could save you money is on your electric bills. It's easy (and relatively inexpensive) to automate the lighting in your home using smart switches and outlets, which allow you to set your home's lighting on a set schedule or control it remotely from your smartphone. As a result, you can use less electricity and cut down on that monthly bill.

2. Save on Your Heating and Cooling Bills

When you install a smart thermostat, you can drastically cut back on your home heating and cooling costs throughout the year. Specifically, smart thermostats allow you to control your home's heating and cooling remotely so that you can reduce furnace/AC usage while you're away from home and still have your home at your ideal, comfortable temperature by the time you return.

3. Reduce Your Home Insurance Premiums

Depending on your home insurance company, you may also be eligible for discounts on your insurance premium when you install certain types of home automation. For example, automated security devices (like smart locks) and cameras can reduce your insurance company's perceived risk of your home being burglarized so that you may be eligible for a discount on your coverage as a result. Just be aware that you will likely need to provide proof of your automation to your home insurance company, and providers can vary greatly in their discounts offered.

4. Reduce the Need for House-Sitters

Finally, when you're away on vacation, having home automation in place can reduce your need to pay for a house sitter. Automated lighting, for example, can help create the illusion that your home is occupied while you're away. Meanwhile, automated security systems can help you monitor your property and enjoy added peace of mind until you return.

These are just a few of the many ways in which installing home automation solutions in your home can actually save you money down the road. Now, which types of automation will you implement next?

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